Hotel MyStays Kamata

  • Property Details
  • Overview
Property Details [  –  ]
Number of Guest Rooms 116
Car park facilities 6 car park lots
Land area 497 sq m
Title Freehold
Purchase price at 19 December 2014 ¥2.60 billion
Valuation (1) as at 31 December 2020 ¥2.56 billion
Hotel Management Agreement Details [  –  ]
Operator MyStays Hotel Management Co., Ltd.
Term of Hotel Management Agreement 3-year auto-renewal basis, unless terminated with notice
FY 2020 Key Financials [  –  ]
Gross Hotel Revenue S$2.1 million (2)
(¥161.6 million)
Net property income S$0.4 million (2)
(¥30.9 million)
Average occupancy rate 59.7%
  • (1)The property was valued by Cushman & Wakefield K.K. using a combination of the Capitalisation and Discounted Cash Flow approaches. With reference to the Property Fund Guidelines Appendix 6, Rule 8.3(e), Cushman & Wakefield K.K. was appointed for the third consecutive financial year in FY 2020.
  • (2)Based on the average exchange rate of S$1.00 = ¥77.52.

5-46-5 Kamata, Ota-Ku, Tokyo

  • Guest Room

    116
    Guest Rooms

  • Land Area

    497 sq m
    Land Area

Hotel MyStays Kamata is a business (economy) hotel, located near to Keikyu-Kamata Station which is only a 10-minute train ride from Haneda Airport. It is within 4 minutes to JR Kamata Station and Tokyu Kamata Station with convenient access to major core cities such as Shinagawa, Kawasaki, Yokohama and Shibuya. The hotel's cosy rooms with refined interiors offer a comfortable environment for guests who are travelling alone or otherwise. The hotel also has 25 rooms equipped with kitchenettes, suitable for long-stay guests.

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